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About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India.
IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder).
IDBI Capital of... 
About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...
Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
| IDBI Capital | Groww | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, NSDL | NSE and BSE |
| Year of Incorporation | 1993 | 2016 |
| Number of Branches | 14 | 0 |
IDBI Capital trading account opening charges is Rs 500 while Groww account opening changes is Rs 0. IDBI Capital Demat Account AMC Charges is Rs 450 and Groww Demat Account AMC Charges is Rs 0.
| IDBI Capital | Groww | |
|---|---|---|
| Trading Account Opening Charges | Rs 500 | Rs 0 |
| Trading Account AMC Charges | NIL | Rs 0 |
| Demat Account Opening Charges | NIL | Rs 0 |
| Demat Account AMC Charges | Rs 450 | Rs 0 |
IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | IDBI Capital Standard Plan | Groww Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.50% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.05% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.05% | Rs 20 per executed order |
| Equity Options | Rs 100 per lot | Rs 20 per executed order |
| Currency Futures | NA | NA |
| Currency Options | NA | NA |
| Commodity Futures | NA | NA |
| Commodity Options | NA | NA |
| Special Offer | Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| IDBI Capital | Groww | |
|---|---|---|
| Account Type | Ace Trader Plan | Standard Plan |
| Fixed Charges | NA | |
| Equity Delivery | 0.10% to 0.50% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.020% to 0.050% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.020% to 0.048% | Rs 20 per executed order |
| Equity Options | Rs 100 per lot | Rs 20 per executed order |
| Currency Futures | NA | |
| Currency Options | NA | |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | Rs 20 or 0.05% per executed order |
| Other Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
| Call & Trade Charges | Nil | NA |
IDBI Capital transaction charges for options is 0.051% on premium while Groww exchange transaction charges for options is NSE: 0.053% on premium.
| IDBI Capital | Groww | |
|---|---|---|
| Equity Delivery | 0.00325% | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Intraday | 0.00325% | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Futures | 0.0019% | NSE: 002% |
| Equity Options | 0.051% on premium | NSE: 0.053% on premium |
| Currency Futures | NA | NA |
| Currency Options | NA | NA |
| Commodity | NA | NA |
IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| IDBI Capital | Groww | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Groww offers Groww trading software.
| IDBI Capital | Groww | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting | |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Power Pro, Power Streaming, IDBI Direct | Groww |
| Intraday Square-off Time | 3:00 PM | 3:10 PM |
| Trading In SME Shares Allowed? | |
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| Referral Program | ||
| Other Features | Morning Report, Equity SIP, Investment Guide | |
IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Groww is rated 4.1 of 5 based on 60 customer reviews.
| IDBI Capital | Groww | |
|---|---|---|
41 Customer Reviews  |
60 Customer Reviews |
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| Overall Ratings | |
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| Broker Rating | IDBI Capital is rated 2.6 of 5 based on 41 customer reviews | Groww is rated 4.1 of 5 based on 60 customer reviews |
| IDBI Capital Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| IDBI Capital | Groww | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Digital Gold, US Stocks, Fixed Deposits |
| IDBI Capital | Groww | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| IDBI Capital | Groww | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| IDBI Capital | Groww | |
|---|---|---|
| Casual Investor | |
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| Active Investor | ||
| Trader |
| IDBI Capital | Groww | |
|---|---|---|
| Pros | - Prepaid plans are available for volume traders. |
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| Cons | - Additional charge of Rs 2000 per year for installable trading platform. |
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| Reviews | Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. |
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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